Living Room Restaurant
28 May 2008
NEW HARBOURSIDE RESTAURANT IS A HOME FROM HOME
Developer Crest Nicholson Regeneration has signed a 20 year lease with The Living Room Group Ltd at a rent of £152,900 (equating to £25 psf) for a prime unit at their £350 million Harbourside development in Bristol.
The Living Room Restaurant and Bar – which will occupy 6,215 sq ft – joins an impressive line-up of retail, leisure and restaurant operators including Marks & Spencer, Ibis Hotel, Gala Casinos, Fitness First and Pizza Express.
Deborah Aplin, Managing Director of Crest Nicholson Regeneration, commented: “The Living Room letting further enhances Harbourside's reputation as Bristol's top leisure destination where visitors of all ages can enjoy high quality restaurants alongside iconic tourist attractions such as At-Bristol and the ss Great Britain.”
Managing Director of The Living Room Group, Danny Fox added: “We are delighted to be part of Bristol's newly regenerated Harbourside area – this is a truly unique location and a fantastic setting for our first South West outlet.”
The Living Room restaurant and piano bar is currently operating in 13 major cities across the UK including London, Edinburgh, Manchester, Birmingham and Liverpool, with a new venue opening at thehub:mk in Milton Keynes this summer. The Bristol restaurant, which is situated in a prominent location with frontage to Millennium Square, is due to open its doors in August.
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This is the latest signing in a long line of prestigious lettings at the 16 acre waterfront site, which continues to thrive. Last month, Crest Nicholson Regeneration announced a deal with Pizza Express for a 3,000 sq ft unit and a new Chinese restaurant, Zen, opened in April. For more information, visit www.harbourside.co.uk.
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Notes to Editors
Crest Nicholson Regeneration Ltd. (CNR) is Crest Nicholson's specialist urban regeneration and mixed-use development company. CNR provides one stop comprehensive mixed use development solutions and is committed to working in partnership with Public and Private sector vendors alike to regenerate the heart of our towns and cities.
The Company is led by Chairman and Group Director Chris Tinker, who over the last 10 years has been recognised as the driving force behind the acquisition, master planning and establishment of many of Crest Nicholson's most successful regeneration projects. The division's current £1.5bn portfolio of major projects includes schemes in many of the country's leading towns and cities including Bath, Birmingham, Camberley, Farnham, Hemel Hempstead, Portsmouth and Southampton. www.crestnicholson.com
The Living Room concept, first developed in 1999 by Living Ventures Ltd, today exists in 13 cities across the UK. The company was acquired in July 2007 by Premium Bars & restaurants (formerly Ultimate Leisure) forming The Living Room Group: a wholly owned subsidiary of Premium Bars & restaurants.
The Living Room Group today operates two concepts - The Living Room and Prohibition Bar & Grills. Managing Director Danny Fox who has been involved in the strategic operation of The Living Room since its inception spearheads the expansion plans for the concept.
The proven formula behind The Living Room's success is in its ability to offer up-tempo casual dining at any time of the day. The surroundings are sophisticated yet comfortable and the menu is varied and exciting. Its ability to offer quality without exclusivity and high levels of service without high prices across a broad customer base is a key differentiator from competitors. www.thelivingroom.co.uk
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